Erasmus for Young Entrepreneurs

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The North East Business and Innovation Centre (BIC) is working with the European Union to help encourage a cross border exchange programme for aspiring entrepreneurs in the region.

Funded by the European Commission, the Erasmus for Young Entrepreneurs programme aims to encourage new start ups and help small to medium sized businesses in the EU.

Offering entrepreneurs the chance to work for a period between one to six months alongside the owner of a SME in a participating country, the exchange will benefit both parties. The entrepreneur gains relevant management experience as well as building up a network of contacts essential to get a business up and running and the business benefits from fresh ideas, complementary skills and can learn about new markets and possible business opportunities. The exchange is funded by the European Union.

Launched in 2009 and with partners in Germany, France, Italy and the Netherlands, the programme has so far received over 2500 applications and currently there are just under 200 entrepreneurs working alongside a business in another country.

Chief executive of the BIC Paul McEldon said: “I am delighted that the BIC can now offer this programme to the North East, it really is a win win for both interested parties. We will help guide applicants through the process and remain a point of contact during the exchange.

“The programme is ultimately about breaking barriers and crossing borders and it contributes to adopting an entrepreneurial mindset and behaviour, something the BIC has maintained over the years.”

For more information please contact business mentor Louise Hardy on 0191 516 6170 or email louise.hardy@ne-bic.co.uk  www.ne-bic.co.uk

Sarah Spence, Communications Executive

North East Business and Innovation Centre (BIC) 

0191 516 6073

sarah.spence@ne-bic.co.uk

The North East Business and Innovation Centre (BIC) offers a wide range of support services for businesses of all shapes and sizes.

Located on the banks of the river Wear in Sunderland, the BIC’s 14-acre site includes a range of flexible office and industrial space to let, in addition to superb meeting and conference rooms. Our experienced advisers help hundreds of new businesses to start up each year by providing one-to-one business advice, mentoring and support, training courses, workshops and seminars. Whatever your needs and whatever stage of development your business is at the BIC is here to help. 

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